Impact of information and communication technology in Nigerian small-to medium-sized enterprises

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Purpose. The purpose of this (qualitative, multiple-case) study is to determine how small-to medium-sized enterprise (SME) leaders in Nigeria use information and communication technology (ICT) adoption as a business strategy to increase profitability and compete globally. Design/methodology/approach...

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Detalles Bibliográficos
Autores: Okundaye, Kessington, K. Fan, Susan, J. Dwyer, Rocky
Formato: artículo
Fecha de Publicación:2019
Institución:Universidad ESAN
Repositorio:Revistas - Universidad ESAN
Lenguaje:inglés
OAI Identifier:oai:ojs.pkp.sfu.ca:article/80
Enlace del recurso:https://revistas.esan.edu.pe/index.php/jefas/article/view/80
Nivel de acceso:acceso abierto
Materia:Innovation
Business growth
ICT adoption rates
ICT penetration
Information and communication technology adaptation
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spelling Impact of information and communication technology in Nigerian small-to medium-sized enterprisesOkundaye, Kessington K. Fan, Susan J. Dwyer, Rocky InnovationBusiness growthICT adoption ratesICT penetrationInformation and communication technology adaptationPurpose. The purpose of this (qualitative, multiple-case) study is to determine how small-to medium-sized enterprise (SME) leaders in Nigeria use information and communication technology (ICT) adoption as a business strategy to increase profitability and compete globally. Design/methodology/approach. The participants for this study consisted of executive-level SME leaders who had the authority to approve ICT implementation within their respective organizations. Individual interviews were undertaken with participants to gain an understanding of their experience of determining the merits of and implementing ICT. The technology acceptance model, which specifies the relationship between perceived usefulness, perceived ease of use, attitude toward computer use and intention to use technology, was applied as a framework to explain the Nigerian SME’s ICT adoption strategies. Findings. Four major themes emerged from the data analysis: ICT adoption factors, ICT roles and benefits, role of government and SME success factors. The findings of this study may help SME leaders and government leaders address many of the factors inhibiting the adoption of ICT in SMEs in Nigeria. Practical implications. This study may ensure that SMEs are successful and able to create jobs, which in turn may help to promote socioeconomic development through adoption of ICT. Originality/value. The findings from this study contribute to the knowledge base regarding factors that affect ICT adoption by SME leaders as a business strategy to increase profitability and compete globally, particularly within SMEs in Lagos, Nigeria. It further addressed the gap in existing literature regarding other factors such as the influence of culture on ICT adoption, cost of ICT implementation, available ICT skills, infrastructure and ICT knowledge gap as the primary impeding factors of ICT adoption in Nigerian SMEs. Doi: https://doi.org/10.1108/JEFAS-08-2018-0086Universidad ESAN2019-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed Articleapplication/pdfhttps://revistas.esan.edu.pe/index.php/jefas/article/view/80Journal of Economics, Finance and Administrative Science; Vol. 24 No. 47 (2019): January - June; 29-46Journal of Economics, Finance and Administrative Science; Vol. 24 Núm. 47 (2019): January - June; 29-462218-06482077-1886reponame:Revistas - Universidad ESANinstname:Universidad ESANinstacron:ESANenghttps://revistas.esan.edu.pe/index.php/jefas/article/view/80/63Copyright (c) 2021 Journal of Economics, Finance and Administrative Sciencehttps://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:ojs.pkp.sfu.ca:article/802021-06-20T00:07:54Z
dc.title.none.fl_str_mv Impact of information and communication technology in Nigerian small-to medium-sized enterprises
title Impact of information and communication technology in Nigerian small-to medium-sized enterprises
spellingShingle Impact of information and communication technology in Nigerian small-to medium-sized enterprises
Okundaye, Kessington
Innovation
Business growth
ICT adoption rates
ICT penetration
Information and communication technology adaptation
title_short Impact of information and communication technology in Nigerian small-to medium-sized enterprises
title_full Impact of information and communication technology in Nigerian small-to medium-sized enterprises
title_fullStr Impact of information and communication technology in Nigerian small-to medium-sized enterprises
title_full_unstemmed Impact of information and communication technology in Nigerian small-to medium-sized enterprises
title_sort Impact of information and communication technology in Nigerian small-to medium-sized enterprises
dc.creator.none.fl_str_mv Okundaye, Kessington
K. Fan, Susan
J. Dwyer, Rocky
author Okundaye, Kessington
author_facet Okundaye, Kessington
K. Fan, Susan
J. Dwyer, Rocky
author_role author
author2 K. Fan, Susan
J. Dwyer, Rocky
author2_role author
author
dc.subject.none.fl_str_mv Innovation
Business growth
ICT adoption rates
ICT penetration
Information and communication technology adaptation
topic Innovation
Business growth
ICT adoption rates
ICT penetration
Information and communication technology adaptation
description Purpose. The purpose of this (qualitative, multiple-case) study is to determine how small-to medium-sized enterprise (SME) leaders in Nigeria use information and communication technology (ICT) adoption as a business strategy to increase profitability and compete globally. Design/methodology/approach. The participants for this study consisted of executive-level SME leaders who had the authority to approve ICT implementation within their respective organizations. Individual interviews were undertaken with participants to gain an understanding of their experience of determining the merits of and implementing ICT. The technology acceptance model, which specifies the relationship between perceived usefulness, perceived ease of use, attitude toward computer use and intention to use technology, was applied as a framework to explain the Nigerian SME’s ICT adoption strategies. Findings. Four major themes emerged from the data analysis: ICT adoption factors, ICT roles and benefits, role of government and SME success factors. The findings of this study may help SME leaders and government leaders address many of the factors inhibiting the adoption of ICT in SMEs in Nigeria. Practical implications. This study may ensure that SMEs are successful and able to create jobs, which in turn may help to promote socioeconomic development through adoption of ICT. Originality/value. The findings from this study contribute to the knowledge base regarding factors that affect ICT adoption by SME leaders as a business strategy to increase profitability and compete globally, particularly within SMEs in Lagos, Nigeria. It further addressed the gap in existing literature regarding other factors such as the influence of culture on ICT adoption, cost of ICT implementation, available ICT skills, infrastructure and ICT knowledge gap as the primary impeding factors of ICT adoption in Nigerian SMEs. Doi: https://doi.org/10.1108/JEFAS-08-2018-0086
publishDate 2019
dc.date.none.fl_str_mv 2019-06-01
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.esan.edu.pe/index.php/jefas/article/view/80
url https://revistas.esan.edu.pe/index.php/jefas/article/view/80
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://revistas.esan.edu.pe/index.php/jefas/article/view/80/63
dc.rights.none.fl_str_mv Copyright (c) 2021 Journal of Economics, Finance and Administrative Science
https://creativecommons.org/licenses/by/4.0/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2021 Journal of Economics, Finance and Administrative Science
https://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidad ESAN
publisher.none.fl_str_mv Universidad ESAN
dc.source.none.fl_str_mv Journal of Economics, Finance and Administrative Science; Vol. 24 No. 47 (2019): January - June; 29-46
Journal of Economics, Finance and Administrative Science; Vol. 24 Núm. 47 (2019): January - June; 29-46
2218-0648
2077-1886
reponame:Revistas - Universidad ESAN
instname:Universidad ESAN
instacron:ESAN
instname_str Universidad ESAN
instacron_str ESAN
institution ESAN
reponame_str Revistas - Universidad ESAN
collection Revistas - Universidad ESAN
repository.name.fl_str_mv
repository.mail.fl_str_mv
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